Financial institutions stories
Digimune & MY CYBER GUARD launch Aussie ID shield
Today
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financial institutions
Digimune and MY CYBER GUARD have teamed up to launch an Australian identity protection service for households and small businesses.
AI delivers returns for wealth managers, FNZ study finds
Today
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financial institutions
AI has gone mainstream in wealth management, with most firms reporting positive returns and faster payoffs from early adoption, FNZ study shows.
eflow Global launches AI eComms modules with transparent fees
Last week
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financial institutions
eflow Global launches AI-powered eComms modules with transparent fees from USD $0.20 per GB, cutting compliance costs for financial firms handling digital records.
Group-IB launches secure platform to combat GBP £600m UK fraud
Last week
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financial institutions
Group-IB has launched a Cyber Fraud Intelligence Platform to help UK banks tackle GBP £600m fraud by securely sharing real-time risk signals while ensuring data privacy.
UK banks face rising AI-driven fraud as tech outpaces rules
Last week
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financial institutions
UK banks face rising AI-driven fraud in 2026 as criminals exploit gaps in regulation, prompting calls for urgent cross-sector action to protect consumers.
AI tools now essential as Europe tightens anti-money laundering rules
Last week
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financial institutions
Europe's new anti-money laundering rules mandate AI integration, as legacy systems fail to meet rising financial crime challenges and regulatory standards.
Michaela O'Connor named Chief Growth Officer to lead Symcor
Last week
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financial institutions
Michaela O'Connor has been appointed Chief Growth Officer at Symcor to lead sales, marketing, and strategy, driving the company’s expansion and innovation.
Camunda appoints Ryan Shopp as Chief Marketing Officer to drive growth
Last week
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financial institutions
Camunda appoints Ryan Shopp as Chief Marketing Officer to boost growth and enhance engagement with global enterprise clients amid rising agentic automation demand.
Europe’s AML overhaul demands AI for effective compliance
Last week
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financial institutions
Europe's new AML rules mandate AI integration as legacy systems fail to detect complex financial crimes, urging banks to upgrade compliance technology now.
Why cyber resilience is now a CFO priority
Last week
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financial institutions
Hong Kong CFOs now prioritise cyber resilience as cyberattacks increasingly risk financial stability, compliance and corporate reputation across sectors.
Reducing the impact of AI-driven fraud in 2026
Last week
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financial institutions
AI-driven fraud, including synthetic identities and real-time deepfake attacks, surges in financial services, prompting urgent defence upgrades for 2026.
Abacus Group opens Dubai office to meet rising IT demand
Last month
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financial institutions
Abacus Group opens Dubai office in DIFC to meet soaring IT and cybersecurity demands of financial firms amid UAE's growing investment appeal.
Tech Mahindra launches AI platform for green finance compliance
Last month
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financial institutions
Tech Mahindra launches i.GreenFinance, an AI-powered platform to help global financial institutions manage green loans and comply with sustainability regulations.
S-RM appoints Casey O’Brien as Global Head of Incident Response
Last month
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financial institutions
S-RM has named Casey O’Brien as Global Head of Incident Response to boost its 24/7 cyber security services across EMEA, APAC and North America.
Beyond compliance: Building Salesforce resilience for APRA CPS 230
Last month
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financial institutions
Australian financial firms must strengthen Salesforce backup and restore practices to meet APRA's new CPS 230 resilience standards effective July 2025.
Latino Community Credit Union automates financial reconciliation
Last month
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financial institutions
Latino Community Credit Union, with over 140,000 members, adopts ReconArt’s platform to automate reconciliation and enhance financial accuracy and compliance.
US banks increase AI spending to tackle USD $12.5 billion fraud
Last month
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financial institutions
US banks boost AI spending to combat rising check fraud, linked to USD $12.5 billion loss, ahead of the holiday season peak in fraudulent activities.
US, UK & Australia sanction Russian host over ransomware links
Last month
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financial institutions
The US, UK and Australia have sanctioned Russian web-host Media Land and its leaders for aiding ransomware attacks via bulletproof hosting services.
Trust & compliance seen as keys to mainstream Web3 adoption
Last month
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financial institutions
A survey of 1,500+ professionals reveals trust, compliance, and identity assurance as crucial for mainstream adoption of Web3 wallets and digital asset services.
BioCatch unveils Connect 2.0 to combat rising banking fraud
Last month
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financial institutions
BioCatch launches Connect 2.0, a platform using behavioural and device data to fight rising digital banking fraud and AI-driven financial crimes globally.